We have analysed 53 optical spectra (40 taken during the outburst peak
and 13 during the decline) of the Soft X-ray Transient GRO J1655-40 (
=X-Ray Nova Scorpii 1994). The H-alpha flux during outburst shows a pe
riodicity of 1.3 days, which is almost exactly one half of the one obt
ained by Bailyn et al. (1995b) from radial velocity variations. A poss
ible explanation for this behaviour is provided. We also notice that t
he spectral emission features shrink or turn into absorption lines wit
h an emission core during the decline. This is typical of Soft X-ray T
ransients and suggests that an expansion of the disk takes place after
the outburst peak phase.